Enter Inventory Counts using incorrect FIFO cost when QOH is increased

Description of Issue

When the Enter Inventory Counts report is increasing the QOH, the incorrect FIFO Cost stack unit cost is chosen causing inaccurate unit costs

Context

Inventory Management 

Cause

When using FIFO inventory method:

  • Adjustments to increase QOH use the last purchase cost
  • Adjustments to decrease QOH use the cost from the first in stack
Resolution

This is by design and working as intended.  When using FIFO inventory method:

  • Adjustments to increase QOH use the last purchase cost
  • Adjustments to decrease QOH use the cost from the first in stack
Additional Information